Denki Kogyo Co.,Ltd. (TSE:6706) announces a share repurchase program. Under the program, the company will repurchase up to 135,000 shares, representing 1.12% of its issued share capital (excluding treasury stock), for a total purchase price of ¥300 million. The purpose of the program is to acquire treasury stock for the purpose of improving capital efficiency, implementing agile capital policies in response to changes in the business environment, and returning profits to shareholders. The program will be valid till July 31, 2021. As of April 30, 2021, the company had 12,076,151 issued shares (excluding treasury stock) and 2,008,694 treasury shares.